Conference Call with Indo Count Industries Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Textiles company Indo Count Industries announced H1FY25 results Financial Highlights: Total Income: Rs 1,995 crore compared to Rs 1,780 crore during H1FY24, change 12%. EBITDA: Rs 166 crore compared to Rs 189 crore during H1FY24. EBITDA Margin: 15.9% for H1FY25. PBT: Rs 111 crore compared to Rs 151 crore during H1FY24. PAT: Rs 29 crore compared to Rs 37crore during H1FY24. EPS: Rs 4.12 for H1FY25. Other Highlights: Total Income for H1FY25 stood at Rs 1,995 crore; reflecting a growth of 12.1% YoY. Acquired U.S. based quilt and pillow manufacturer FLUVITEX USA, gaining entry into US utility bedding manufacturing. Acquired Modern Home Textiles, Inc., manufacturer of wide range of pillows and other filled products located at Phoenix, Arizona. Launched Fieldcrest & Waverly in the September US Market Week. CARE Ratings upgraded long term rating outlook from Stable to Positive. Anil Kumar Jain, Executive Chairman, Indo Count Industries, said: "We are pleased to report that our H1FY25 results have been encouraging, showcasing strong momentum across our business. While supply chain challenges persist, we remain confident in our growth trajectory. Through our strategic acquisitions, we have successfully established a manufacturing footprint in the US, marking the beginning of a new journey into the utility bedding segment. These opportunities are expected to drive long-term growth and will continue to yield positive results in the years to come. With our proactive acquisitions and strategic investments, we are confident in our ability to achieve remarkable success in coming years.” Result PDF